| | Utsa Patnaik and Prabhat Patnaik with a commentary from David Harvey and a foreword by Akeel Bilgrami "A highly original, powerfully presented, and extremely thought-provoking new theory of imperialism that will force anyone concerned with the question of imperialism to rethink their own presuppositions." -Robert Pollin, codirector and professor of economics, Political Economy Research Institute, University of Massachusetts, Amherst
In A Theory of Imperialism, economists Utsa Patnaik and Prabhat Patnaik present a new theory of the origins and mechanics of capitalism that sounds an alarm about its ongoing viability. Their theory centers on trade between the core economies of the global North and the tropical and subtropical countries of the global South and considers how the Northern demand for commodities (such as agricultural products and oil) from the South has perpetuated and solidified an imperialist relationship. Read more
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